| Business Summary | | Infineon
Technologies
AG
is
a
semiconductor
manufacturer
that
operates
mainly
in
the
areas
of
automotive
and
industrial
electronics.
The
Company
produces
chips
for
wireless
communications
ICs
for
security
and
chip
card
applications,
as
well
as
communications
and
multimedia
chips
and
memory
components.
Infineon
has
10
factories
in
five
countries,
including
DRAM
manufacturing
in
the
United
States,
Europe
and
Asia.
The
Company
also
has
16
research
and
development
centers
in
nine
countries
for
market
and
customer-oriented
development.
Infineon
has
recently
restructured
its
organization,
and
now
operates
in
five
business
units,
rather
than
the
previous
eight.
The
five
business
units
include
Automotive
&
Industrial,
Communication
&
Peripherals,
Wireless
Products,
Memory
Products
and
Security
and
Chip
Card
ICs.
In
July
2001,
the
Company
sold
its
infrared
components
business
to
Vishay
Intertechnology,
Inc. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Infineon
Technologies
AG
designs,
develops,
manufactures
and
markets
a
broad
range
of
semiconductors
and
complete
system
solutions
targeted
at
selected
industries.
For
the
nine
months
ended
6/30/01,
revenues
fell
6%
to
EUR4.59
billion.
Net
loss
totalled
EUR68M
vs.
an
income
of
EUR545M.
Revenues
reflect
lower
Memory
Product
sales.
Loss
reflects
an
increase
in
research
and
development
and
selling,
general
and
administrative
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Ulrich Schumacher, Ph.D., 41 | Chairman
of the Management Board, Pres, CEO | Peter Fischl, 53 | Exec.
VP, CFO | Andreas Von Zitzewitz, Ph.D., 40 | Exec.
VP, COO | Sonke Mehrgardt, Ph.D., 51 | Exec.
VP, CTO | Peter Bauer, 39 | Exec.
VP of Sales and Marketing |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|